Kuwait City: The price of Kuwait oil has decreased by USD 1.06, reaching USD 73.48 per barrel (pb) on Tuesday, as reported by the Kuwait Petroleum Corporation (KPC) on Wednesday. This marks a drop from the previous day's price of USD 74.54 pb. According to Qatar News Agency, the decline in oil prices was not limited to Kuwait. On a global scale, Brent crude experienced a fall of 20 cents, bringing its price to USD 72.81 pb. Additionally, West Texas Intermediate saw a reduction of 17 cents, resulting in a price of USD 68.77 pb. These changes indicate a broader trend of decreasing oil prices in the international market.
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